OLD OCEAN UNIT

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the OLD OCEAN (LARSEN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 48883District 03Field 67011900CondensateGasSaveExport
Value, all time
$54.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$2.8 M
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 162 leases and 164 wells, and the rule below applies to all of them.

Discovered
1941-02-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: SUSPENDED 11-19-79

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition211,920 bbl$13,320,335
GasProduction10,629,323 Mcf$41,583,976
Total$54,904,311

581,952 Mcf of this lease's gas, across 47 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 29.0383, -95.7498. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.03829, -95.74981 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
12,902 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 12,902 ft.

Completions filed
Nov 2008
1 of 1 wells

1 well

42-0390396079ST12,902 ftNov 2008

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (401)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

401 months

May 202666949,578106.413.05$222,195
Apr 202666047,77598.932.87$202,395
Mar 202662248,31689.753.15$207,993
Feb 202655338,93463.503.75$181,130
Jan 202668052,17159.138.00$457,468
Dec 202569456,66356.664.41$289,396
Nov 202564051,91258.593.93$241,327
Oct 202566651,54759.383.30$209,902
Sep 202560048,85462.743.08$187,964
Aug 202557452,37563.933.01$194,594
Jul 202564647,46966.743.32$200,483
Jun 202565046,34366.483.13$188,206
May 202559946,69660.553.23$187,206
Apr 202566145,08862.363.54$200,972
Mar 202571843,16867.704.27$232,863
Feb 202570135,21670.884.34$202,554
Jan 202579143,37474.324.28$244,371
Dec 202469238,23568.993.12$167,087
Nov 202465438,84469.052.20$130,555
Oct 202460740,28771.372.28$135,232
Sep 202447226,61669.612.36$95,786
Aug 202449027,06775.632.06$92,915
Jul 202443425,88679.932.15$90,256
Jun 202445424,10878.082.63$98,948
May 202457025,44078.812.20$100,850
Apr 202451326,23084.451.66$86,844
Mar 202458228,52880.301.55$90,814
Feb 202452825,84476.091.78$86,272
Jan 202452927,03773.023.30$127,786
Dec 202361029,24271.262.61$119,811
Nov 202350826,07777.892.81$112,781
Oct 202365129,02485.443.09$145,227
Sep 202345027,03989.042.74$114,021
Aug 202352125,10180.522.67$109,043
Jul 202346125,44074.852.64$101,713
Jun 202350326,30368.962.26$94,092
May 202355326,73670.622.23$98,605
Apr 202358426,43978.122.24$104,786
Mar 202359925,53172.852.39$104,737
Feb 202358025,59075.112.47$106,661
Jan 202369432,33076.533.39$162,637
Dec 202252623,86476.415.73$176,910
Nov 202269229,08185.005.65$223,017
Oct 202270330,40887.185.86$239,593
Sep 202264929,75484.888.16$297,989
Aug 202270429,78494.529.13$338,385
Jul 202266231,529101.587.54$305,040
Jun 202261430,363115.097.98$312,877
May 202275632,121109.378.43$353,561
Apr 202272930,847104.226.84$286,896
Mar 202274633,969108.885.08$253,665
Feb 202258225,76691.054.86$178,184
Jan 202288333,18181.844.54$222,829
Dec 202174830,71071.323.90$173,089
Nov 202177130,57577.435.24$219,815
Oct 202177732,84079.795.71$249,640
Sep 202162932,66769.865.35$218,740
Aug 202176534,46766.024.22$195,976
Jul 202177833,16170.783.98$187,117
Jun 202174733,54569.493.38$165,312
May 202182834,62663.483.02$157,051
Apr 202183433,43360.362.76$142,563
Mar 202179035,85161.302.72$145,832
Feb 202164230,77857.805.55$207,862
Jan 202186240,81150.412.81$158,143
Dec 202084035,40944.642.68$132,233
Nov 202073332,24738.772.71$115,697
Oct 202081932,55536.972.48$110,964
Sep 202070929,72037.091.99$85,471
Aug 202078131,27639.982.39$105,821
Jul 202074031,46438.371.83$85,819
Jun 202085832,30034.901.69$84,541
May 202055129,45116.921.81$62,769
Apr 202074530,78814.751.80$66,542
Mar 202074530,74030.341.86$79,664
Feb 202075431,70649.881.98$100,409
Jan 202078433,43457.252.09$114,920
Dec 201981435,36359.012.30$129,523
Nov 201975734,75055.302.75$137,449
Oct 201973834,52553.472.42$122,961
Sep 201971533,81955.052.66$129,227
Aug 201970734,63353.112.30$117,356
Jul 201973133,86056.272.46$124,431
Jun 201978629,55952.782.49$115,122
May 201978830,91358.482.74$130,794
Apr 201980828,24062.632.75$128,285
Mar 201980629,19456.803.06$135,176
Feb 201980128,93150.852.79$121,513
Jan 201994434,15346.033.23$153,704
Dec 20181,32535,73046.594.19$211,278
Nov 201898832,40652.934.24$189,607
Oct 201890032,70961.443.40$166,444
Sep 201850934,21859.543.11$136,655
Aug 201891635,23759.403.07$162,467
Jul 201868529,47265.142.93$131,029
Jun 201895634,37560.183.08$163,301
May 20181,01835,87565.382.90$170,623
Apr 201862236,82463.842.90$146,528
Mar 20181,13537,96761.222.79$175,293
Feb 201861635,47461.782.77$136,182
Jan 20181,08237,36362.874.01$217,826
Dec 201790231,90857.272.92$144,877
Nov 201799430,15155.423.12$149,109
Oct 201765432,22849.292.98$128,394
Sep 201771124,44147.523.09$109,243
Aug 201777026,20145.373.00$113,653
Jul 201781036,41143.873.09$147,946
Jun 201778735,25942.493.09$142,294
May 20171,01335,98445.373.26$163,390
Apr 201769232,40747.933.21$137,246
Mar 20171,02834,06646.772.98$149,722
Feb 201784230,10250.452.95$131,358
Jan 20171,04337,97249.413.42$181,353
Dec 201695136,25448.763.72$181,338
Nov 201697535,51742.492.64$135,347
Oct 20161,05334,04246.193.09$153,837
Sep 201678633,76241.553.10$137,342
Aug 201695236,81241.442.92$147,102
Jul 201670337,12741.622.92$137,831
Jun 201676938,31145.352.69$137,771
May 201692636,37242.521.99$111,792
Apr 20161,10835,48336.561.99$111,157
Mar 20161,05635,96433.011.79$99,378
Feb 20161,11133,92226.472.06$99,411
Jan 20161,01238,04727.352.36$117,635
Dec 20151,07737,68332.362.00$110,271
Nov 201564235,75838.792.17$102,403
Oct 201592438,01843.552.43$132,494
Sep 201560637,62842.992.76$129,846
Aug 201582540,37940.162.87$149,120
Jul 201583341,69648.152.95$162,907
Jun 201572740,43356.152.88$157,384
May 201590339,77655.212.96$167,411
Apr 20151,01240,70049.822.71$160,575
Mar 201573441,85942.892.93$154,325
Feb 201591837,65044.662.98$153,051
Jan 201581842,85043.433.10$168,388
Dec 201479440,67254.693.59$189,492
Nov 20141,23742,70570.464.25$268,734
Oct 201464345,70278.303.90$228,629
Sep 201465341,39786.164.05$223,732
Aug 201464338,13089.394.04$211,337
Jul 201440439,89396.564.18$205,747
Jun 201486736,36998.164.74$257,380
May 201469641,22194.734.73$260,766
Apr 201461436,80495.944.81$235,902
Mar 201476440,20595.895.06$276,569
Feb 201478935,85197.406.19$298,838
Jan 201481639,84290.404.86$267,427
Dec 201394238,97191.824.35$256,193
Nov 201363537,86988.853.74$197,985
Oct 201373340,20497.423.78$223,354
Sep 201377538,171104.113.72$222,595
Aug 201377440,416104.253.52$223,059
Jul 201396140,133102.523.72$247,726
Jun 201352737,08294.403.93$195,608
May 201389641,08994.834.15$255,449
Apr 201337541,08093.964.28$211,164
Mar 201377043,15193.623.91$240,932
Feb 201369838,95091.233.42$196,884
Jan 201367544,50891.603.42$214,043
Dec 201286943,59086.773.42$224,488
Nov 201294441,73486.953.62$233,365
Oct 201291042,80489.383.40$226,856
Sep 201292240,15794.672.92$204,480
Aug 201282037,52592.662.91$185,110
Jul 201293939,40685.133.02$198,975
Jun 20121,17337,61279.822.52$188,375
May 201299040,96191.612.49$192,618
Apr 201297240,839101.652.00$180,351
Mar 20121,16744,115105.052.22$220,620
Feb 201295740,071101.102.57$199,745
Jan 201289838,51398.092.73$193,382
Dec 201190339,17796.873.24$214,397
Nov 201191341,41695.723.31$224,532
Oct 201198942,75484.983.65$240,035
Sep 201186539,55783.623.99$229,998
Aug 201193442,44483.404.15$254,009
Jul 201193043,63294.144.52$284,646
Jun 20111,08142,39592.904.64$297,133
May 20111,03045,35598.134.40$300,855
Apr 20111,17843,866105.964.33$314,905
Mar 20111,31846,68296.364.06$316,407
Feb 201192642,60785.644.18$257,399
Jan 20111,20250,92786.504.59$337,666
Dec 20101,25951,72285.734.35$332,808
Nov 20101,17650,57980.843.80$287,032
Oct 20101,24750,77078.103.51$275,537
Sep 20101,37352,77872.633.98$309,749
Aug 20101,52055,89473.684.42$359,009
Jul 20101,58061,33072.554.74$405,118
Jun 20101,07361,01370.364.91$375,095
May 20101,14746,18871.124.24$277,191
Apr 201098447,11581.694.12$274,624
Mar 20101,24153,27478.394.39$331,084
Feb 20101,01448,70373.585.44$339,669
Jan 201048057,86574.365.96$380,805
Dec 20091,26961,89571.445.48$430,074
Nov 20091,53360,84974.593.75$342,621
Oct 20091,40963,96172.544.11$365,105
Sep 20091,00961,99065.543.06$256,114
Aug 20091,63468,21867.423.22$329,724
Jul 20091,40870,71061.133.46$331,046
Jun 20091,71470,37466.163.90$387,505
May 200944566,30854.743.93$284,668
Apr 20092,28768,38646.773.59$352,298
Mar 20091,45184,11442.144.06$402,564
Feb 20092,85671,91132.814.63$426,869
Jan 200984385,36235.865.37$488,709
Dec 20081,86988,09937.105.98$595,920
Nov 200881664,92555.496.86$490,689
Oct 20080075.246.92$0
Sep 20084216101.767.88$2,108
Aug 2008573,079114.228.48$32,630
Jul 2008272,346131.0811.39$30,259
Jun 2008392,465131.3313.03$37,247
May 2008592,756123.1711.57$39,166
Apr 2008492,649110.3110.45$33,100
Mar 2008852,802101.909.66$35,740
Feb 2008272,99292.538.77$28,740
Jan 2008852,77690.388.21$30,461
Dec 2007462,44188.337.30$21,887
Nov 2007692,92391.677.29$27,639
Oct 2007772,83882.856.92$26,024
Sep 2007603,01475.846.24$23,370
Aug 2007693,16369.066.39$24,970
Jul 2007843,61570.906.39$29,048
Jun 2007723,73362.007.55$32,642
May 20071154,31658.747.85$40,620
Apr 2007914,20659.617.81$38,253
Mar 2007652,42956.927.30$21,436
Feb 2007572,30855.108.22$22,103
Jan 2007772,83150.306.73$22,917
Dec 2006852,83956.656.92$24,457
Nov 2006712,60554.207.62$23,692
Oct 2006582,21554.906.01$16,505
Sep 20061054,26660.085.04$27,797
Aug 2006663,37068.717.34$29,270
Jul 20061346,98969.376.34$53,625
Jun 2006713,75566.286.38$28,677
May 20061054,25966.016.42$34,295
Apr 20061154,78464.397.36$42,617
Mar 20061425,80856.707.08$49,189
Feb 20061476,17357.597.75$56,313
Jan 20061525,85660.598.93$61,523
Dec 20051307,02254.9413.42$101,345
Nov 200530313,91254.6910.59$163,877
Oct 200568131,16158.3413.80$469,619
Sep 200570835,80761.4512.08$476,019
Aug 200569242,76061.519.80$461,478
Jul 200559531,79855.697.84$282,548
Jun 200552031,26752.337.38$257,995
May 200556733,36845.226.65$247,576
Apr 200542432,54649.207.36$260,415
Mar 200565831,56250.377.15$258,966
Feb 200558126,51845.226.31$193,652
Jan 200569527,96543.166.32$206,797
Dec 200459041,13139.866.75$301,196
Nov 200436324,83445.286.33$173,646
Oct 200446325,26449.706.52$187,609
Sep 200474744,72943.245.28$268,644
Aug 200478147,95242.375.55$299,256
Jul 200478653,07438.286.08$353,000
Jun 200477644,60836.106.43$314,978
May 200473743,87437.486.49$312,566
Apr 200480147,98234.475.86$308,711
Mar 20041,03754,67334.365.53$337,981
Feb 200496560,21932.455.51$363,098
Jan 20041,10958,71432.036.30$405,398
Dec 200395055,83630.266.30$380,605
Nov 200377044,89328.804.60$228,467
Oct 200378248,97828.174.76$255,147
Sep 200365542,42526.314.75$218,725
Aug 200348338,96729.765.13$214,264
Jul 200368241,33129.415.17$233,774
Jun 200352645,25128.565.98$285,757
May 200379151,94526.595.97$331,284
Apr 20031,00258,59826.675.41$343,579
Mar 200389865,94131.146.10$429,943
Feb 200387663,65133.487.93$533,819
Jan 20031,28375,52130.315.58$460,449
Dec 20021,17477,39826.914.85$407,264
Nov 20021139,75524.664.14$43,143
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 199756020.492.21$1,147
Jan 199759023.483.54$1,385
Dec 199613711123.32$3,195
Nov 199687021.97$1,911
Oct 19961723,02923.31$4,009
Sep 199610767122.22$2,378
Aug 199611110,17420.26$2,249
Jul 199612212,15319.55$2,385
Jun 199612212,75618.73$2,285
May 199614513,71819.43$2,817
Apr 199612312,45721.51$2,646
Mar 199613312,52719.38$2,578
Feb 199621612,97116.98$3,668
Jan 199611513,24317.07$1,963
Dec 199515213,42317.19$2,613
Nov 199518113,75416.00$2,896
Oct 19957413,22915.43$1,142
Sep 199512512,32216.18$2,023
Aug 199514313,22915.92$2,277
Jul 199512513,65415.24$1,905
Jun 199511613,30816.41$1,904
May 19957113,21317.56$1,247
Apr 19956115,51717.73$1,082
Mar 19955113,58516.44$838
Feb 19954512,49216.58$746
Jan 19956314,26915.92$1,003
Dec 19948111,86715.03$1,217
Nov 19947311,86715.90$1,161
Oct 19942711,86715.58$421
Sep 19945814,69615.29$887
Aug 199410114,00216.13$1,629
Jul 19942712,41817.56$474
Jun 19943312,41817.09$564
May 19944313,09615.88$683
Apr 19943212,49114.14$452
Mar 19944112,34312.46$511
Feb 19944811,10112.50$600
Jan 19942812,30412.66$354
Dec 19932912,56712.33$358
Nov 19933912,80414.49$565
Oct 19933913,28415.85$618
Sep 19931612,67215.03$240
Aug 19932714,14415.66$423
Jul 19933014,10215.46$464
Jun 19932913,92216.79$487
May 19933414,17617.68$601
Apr 19933014,06318.05$542
Mar 19932214,82918.14$399
Feb 19932914,15517.90$519
Jan 19933214,95916.93$542

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Condensate           669 bbl  × $106.41 =    $71,188
Gas               49,578 Mcf  × $  3.05 =   $151,007

────────────────────────────────────────────────────
Month total                                 $222,195

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 03/G/48883 is the state's own key, not one this site invented.